Qatar International Islamic Bank (QIIB)

Since its formation in 1991, QIIB has grown to be the third-largest listed Islamic bank in Qatar by total assets. It has developed a network of 15 branches and operates through three business segments: personal banking, corporate banking, and treasury and investments. In 2020, it became the first Islamic bank in Qatar to launch a card for domestic workers. QIIB recorded $230.6 million in net profits for the first nine months of 2021, an increase of 7%. In November 2021, QIIB launched its latest contactless payment solution, “QMP eWallet.”